GoMining Token (GOMINING)
Unlock Schedule
GoMining Token (GOMINING) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
The weekly burn-and-mint cycle
GoMining states that GOMINING began with an issuance of 436,915,240 tokens and has a long-term target supply of 100 million. Its method for changing supply centers on maintenance payments. During each weekly cycle, tokens used for digital-miner maintenance are collected. At the end of the cycle, those tokens are burned, and a new amount is minted under the rules for that period, called an epoch. (gomining.com)
Burning and minting need to be considered together. If fewer tokens are minted than were burned, the total supply falls by the difference. Governance votes can affect how much is permanently removed. The voting system also allows a cycle in which the amount minted equals the amount burned, leaving supply unchanged for that cycle. The target supply is a goal of the model, rather than a fixed result of every weekly cycle. (gomining.com)
Newly minted tokens follow a stated allocation: 65% goes to hashpower service providers, 20% to holders of veGOMINING voting power, 10% to ecosystem rewards, and 5% to the GoMining team. The ecosystem share can support features such as mining-mode discounts and Miner Wars prizes. This allocation connects token issuance to equipment services, participation, and platform programs. (docs.gomining.com)
Locking and voting
Members can lock GOMINING for periods ranging from one week to four years to receive veGOMINING voting power. Both the number of tokens locked and the time remaining on the lock affect that power. Holders can vote on the burn-and-mint process and the allocation of certain ecosystem rewards. The newly minted tokens assigned to veGOMINING holders are distributed as weekly rewards. (docs.gomining.com)
Assumptions
GOMINING had 436,915,240 tokens in circulation when its burn-and-mint tokenomics launched in August 2023. Those tokens came from earlier issues by the project whose dates are not sourced, so the chart shows them all at the launch month. Since launch, tokens paid for miner maintenance are burned each week and a smaller amount is minted, split 65% to hashpower providers, 20% to veGOMINING lockers, 10% to rewards and 5% to the team. Supply has fallen to about 402.9 million, with 34,058,821 tokens burned net. The chart draws that decline as a straight-line estimate between the launch and today's figures, and the future path toward the 100 million target depends on usage and votes, so it has no dates.
- Weekly Burn & Mint cycles (net supply change): Timing not yet established.
- Weekly Burn & Mint cycles (net supply change): New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://docs.gomining.com/en/product/gomining-token/tokenomics/epochs
- 2. https://docs.gomining.com/en/product/gomining-token/tokenomics/burn-and-mint-cycles
- 3. https://app.gomining.com/ve-tokenomics
- 4. https://help.token.gomining.com/faq/tokenomics/epochs
- 5. https://www.prnewswire.com/news-releases/gomining-launches-new-vetokenomics-empowering-defi-users-301908180.html
- 6. https://medium.com/@GoMining/gomining-launches-vote-escrow-ve-tokenomics-1c3de4e3e02e
- 7. https://coingem.com/ethereum/0x7ddc52c4de30e94be3a6a0a2b259b2850f421989
- 8. https://news.bitcoin.com/gomining-token-review-exploring-fundamental-and-technical-factors/